JPMorgan Chase will pay $2.6 billion to resolve charges that its lax oversight enabled the multibillion-dollar Ponzi scheme of Bernard Madoff, which collapsed spectacularly in 2008. The amount, part of a US settlement deal over criminal charges, comprises $2.24 billion destined for victims of the Madoff scam and another $350 million in penalties to the Office of the Comptroller of the Currency ...
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